Entrepreneurship is all about identifying opportunities, creating choices and building something from the ground up. Some of the most successful entrepreneurs in the world capitalize on opportunities in emerging markets to grow their businesses into globally recognized brands.
If there is any time to start up an enterprise, to negotiate a life pattern or to strike forth for a worthy living, it is at the prime of one's youth.
BENEFITS OF STARTING UP YOUNG!
1) IGNITE CHANGE
Most times, we all want to see change - change in the way things are done, a departure from the conventional. But it is hard to effect a change at old age. To see the change we desire happen in our life time, we need to start up young.
2) IMPROVED PASSION
Youth is synonymous with passion. Pure passion drives you to put in the long hours and burn the midnight oil effect the change you want to see. Passion is the drive that strengthens one to strive to excel even when the odds are visibly high.
3) LESSER ENGAGEMENTS
When you’re young, you have fewer commitments compared to older generation businessmen and women who work daily in order to maintain their accustomed lifestyle. This does not mean that you don't have things doing that occupy your your time. It means your more free to choose on what and what not to do per time.
4) CHOICE OF THE OLDER GENERATION
The older generation are happy to see passionate, industrious and hardworking youths who genuinely desire to make change in their world. This alone groom support from the older generation business people then tend to acknowledge these attributes. As a young person, you can use this energy to convey your excitement and positive attitude about your business product or service to your consumers.
Youth is indeed an attractive quality in the business world. I am a witness!
5) EARLY EXPERIENCE
In the words of Josh Pierce, "Entrepreneurship teaches you responsibility, decision making skills, and leadership at an accelerated pace (as you must learn how to balance everything at once). Being a teen entrepreneur offers real-life experience of managing risk and reward to help prepare you for bigger challenges in both your personal and professional life that you may face as you get older."
6) GO AND GROW BEYOND BOUNDS
As a youth, you can always go and grow beyond the bounds. There is no set limit to what a man can achieve. Starting up young grants you access to limitless possibilities.
Does the mere fact of starting young give you an edge?
YEA! But not necessarily. Success lies in understanding your business terrain, analysing if you’re prepared to deal with the challenges that lie ahead and making prompt moves as may be required of the business per time.